RBS And NatWest Hit By Mobile Banking Glitch

Mobile banking services for RBS and NatWest have been hit by an IT glitch, along with an unconnected problem that affected some Lloyds, Halifax and Bank of Scotland online users. In a statement given to Sky News, a spokesperson for RBS Group said: "Some...

16.01 | 0 komentar | Read More

Barclays Fined £26m Over Trader's Gold Fixing

Barclays Bank has been fined more than £26m by the City watchdog over failings related to gold price manipulation by one of its former traders. The Financial Conduct Authority (FCA) said the bank failed to adequately manage conflicts of interest between...

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Blackstone In Joint Bid For Friends' Tax Arm

By Mark Kleinman, City Editor The private equity giant Blackstone has joined forces with a US-based specialist insurer to table a bid for the tax planning arm of Friends Life, the FTSE-100 financial services group. Sky News understands that Blackstone...

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Fracking: Southern England 'Ripe For Drilling'

Large reserves of shale oil are expected to be revealed as a new report today highlights the possibility of fracking across southern England. The long-awaited survey by the British Geological Survey (BGS) is likely to confirm substantial reserves in...

16.02 | 0 komentar | Read More

New Trains In Seven-Year Rail Franchise Win

Three new state-of-the-art electric train fleets are to be rolled out on the busiest rail routes in London and the South East. The new Thameslink, Southern and Great Northern (TSGN) franchise will be run by Govia, with rival FirstGroup missing out....

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Barclays Fined £26m Over Gold Fixing Attempts

Barclays Bank has been fined more than £26m by the City watchdog over attempted gold price manipulation, it has been confirmed. The Financial Conduct Authority (FCA) said the bank failed to adequately manage conflicts of interest between itself and...

16.02 | 0 komentar | Read More

Fat Face Pulls Float As City IPO Fashion Fades

By Mark Kleinman, City Editor The fashion retailer Fat Face is expected to abandon its planned flotation in a move that could mark a turning point in the City's frenzy of recent company listings. Sky News understands that the chain, which is controlled...

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Meet Darkcoin - Bitcoin's Shadowy Cousin

Cryptocurrency Darkcoin - known as the shadowy cousin of Bitcoin - is booming. In just one month, the value of the little-known alternative online currency has soared from 75 cents (45p) to $7 (£4.14). Its main selling point is its increased anonymity...

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Royal Mail Posts £430m In Full-Year Profits

Royal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous year - a rise of 6.7%. But the company warns...

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SSE Sees Profit Up 9.6% Amid Price Hikes

Energy giant SSE has seen its full-year adjusted pre-tax profit rise by 9.6% to £1.55bn, just months after announcing price increases. But it saw the retail division operating profit fall 28.6% to £292m in the year to March 31 as energy usage plunged...

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Royal Mail Launches Sunday Parcel Deliveries

Royal Mail is to start delivering parcels and opening delivery offices on Sundays, in response to the rapid growth of online shopping. The recently-privatised firm says parcels will be delivered on Sundays later this summer to addresses within the M25. ...

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UK Retail Sales Growth Hits 10-Year High

A late Easter helped boost UK retail sales to a 6.9% growth rate for the year, the highest since May 2004. The Office for National Statistics (ONS) said retail sales volumes jumped by 1.3% on the March figure. A consensus among economists had forecast...

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M&S Annual Profits Drop For Third Year In A Row

Marks and Spencer has a revealed a 3.9% drop in full-year underlying pre-tax profit to £623m. It was the third annual profit fall in a row for the high street icon. The company said its like-for-like UK sales for general merchandise, which includes...

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Consumer Inflation Rises In April To 1.8%

The consumer prices index (CPI) for April hit 1.8%, according to officially released figures. The Office for National Statistics (ONS) said it was a rise of 0.2% on the March figure. The rise was more than expected, up from its lowest level in more...

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Help To Buy: Cameron May Consider Changes

House prices rose in the year to March by 8% official figures show, as David Cameron said he will "consider" changes to the Help To Buy scheme if advised to do so by the Bank of England. While the increase is down on the 9.2% rise in February, according...

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Britain's Richest 1,000 People Now Worth £519bn

Billionaire Britain: Rise Of The Super-Rich Updated: 7:07am UK, Sunday 11 May 2014 More than 100 billionaires are now living in Britain - the first time the milestone has been reached. According to this year's Sunday Times Rich List, 104 billionaires...

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Co-Operative Members Back Radical Reform

Members of the struggling Co-op have unanimously backed a major overhaul of the group. It paves the way for radical reforms proposed by former City minister Lord Myners to go-ahead. A timetable for carrying out the changes will be agreed at a board...

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Carney: 'House Prices Biggest Risk To Economy'

By Ed Conway, Economics Editor The British housing market has "deep, deep" problems, according to the Governor of the Bank of England. In an interview with Sky's Murnaghan show to be broadcast in full later this morning, Mark Carney warns that...

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